Ejf Capital buys $36,980,000 stake in TFS Financial Corporation (TFSL)

TFS Financial Corporation (TFSL) : Ejf Capital scooped up 500,000 additional shares in TFS Financial Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 2,000,000 shares of TFS Financial Corporation which is valued at $36,980,000.TFS Financial Corporation makes up approximately 3.39% of Ejf Capital’s portfolio.

Other Hedge Funds, Including , Voya Investment Management reduced its stake in TFSL by selling 2,343 shares or 11.1% in the most recent quarter. The Hedge Fund company now holds 18,771 shares of TFSL which is valued at $347,076.Tower Research Capital (trc) boosted its stake in TFSL in the latest quarter, The investment management firm added 742 additional shares and now holds a total of 1,179 shares of TFS Financial Corporation which is valued at $21,800.California Public Employees Retirement System reduced its stake in TFSL by selling 5,100 shares or 2.22% in the most recent quarter. The Hedge Fund company now holds 224,500 shares of TFSL which is valued at $4,074,675. TFS Financial Corporation makes up approx 0.01% of California Public Employees Retirement System’s portfolio.

TFS Financial Corporation closed down -0.12 points or -0.66% at $18.02 with 3,29,789 shares getting traded on Thursday. Post opening the session at $18.1, the shares hit an intraday low of $17.98 and an intraday high of $18.19 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, TFS Financial Corporation reported $0.07 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.07.Analysts expectations of $ 69.28.During the same quarter in the previous year, the company posted $0.06 EPS.

Many Wall Street Analysts have commented on TFS Financial Corporation. TFS Financial Corporation was Downgraded by Piper Jaffray to ” Neutral” on Aug 19, 2016. Shares were Reiterated by Piper Jaffray on Jun 15, 2016 to “Overweight” and Lowered the Price Target to $ 19 from a previous price target of $21 .

TFS Financial Corporation was organized as the holding company for Third Federal Savings and Loan Association of Cleveland (Third Federal Savings and Loan or the Association). The Company’s ownership of the Association remains its principal business activity. It also operates Third Capital Inc. as a wholly owned subsidiary. Third Capital Inc. has no separate operations other than as the holding company for its operating subsidiaries and as an investor or partner in other entities including investments in private equity funds. Third Capital Inc. is a partner of Hazelmere Investment Group I Ltd. This entity engages in net lease transactions of commercial buildings. Third Cap Associates Inc. maintains investments in private equity funds and owns 49% and 60% respectively of two title agencies that provide escrow and settlement services in the State of Ohio to customers of Third Federal Savings and Loan.

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